WAVENET LIMITED

Active
Company number 03919664Private limited companyIncorporated 2000

Key figures

£593,812,000+137.0%
Net assets 2025/26
+137.0%
Average annual growth 2024/25–2025/26
0200 m400 m600 m2024/252025/26

† WAVENET LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025/26

Sector comparison

SIC 46520

Where the company stands among the 4,373 active companies whose first SIC code is 46520 (Wholesale of electronic and telecommunications equipment and parts).

Turnover£379,179,000
Higher than 96% · median £13,349,081 among 136 that publish turnover
Net assets£593,812,000
Higher than 99% · median £15,738
Total assets£705,816,000
Higher than 99% · median £111,625
Cash£16,512,000
Higher than 99% · median £59,558
Company age26.8 years
Older than 91% · median 4.4 years
Largest in this sector by net assets
  1. WAVENET LIMITED£593.8m
  2. FUTURE ELECTRONICS LIMITED£534.2m
  3. PREMIER FARNELL UK LIMITED£272.6m
  4. RS COMPONENTS LIMITED£249.3m
  5. MOTOROLA SOLUTIONS UK LIMITED£244.9m
  6. ARROW ELECTRONICS (UK) LIMITED£97.2m
  7. TP-LINK UK LIMITED£78.8m
  8. LG ELECTRONICS U.K. LTD£75.6m
  9. ASTUTE ELECTRONICS LIMITED£56.3m
  10. CABLE SERVICES LIMITED£30.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 4,373. The line on each bar marks the median.

Summary: WAVENET LIMITED

What kind of company is it?

WAVENET LIMITED is a private limited company registered with Companies House under company number 03919664. It was incorporated on 4 Feb 2000. Its status is active. The registered office is in Solihull (B90). Its nature of business (SIC 2007) is wholesale of electronic and telecommunications equipment and parts (46520), wired telecommunications activities (61100), other telecommunications activities (61900).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files full accounts. Turnover was £379,179,000. Loss for the year was £64,253,000. Net assets were £593,812,000, up 137% on the previous year. Cash at bank and in hand was £16,512,000. Total assets were £705,816,000 and total liabilities £112,004,000. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 4,373 active companies whose first SIC code is 46520: By turnover it ranks higher than 96% of the 136 that publish turnover (median £13,349,081). By net assets it ranks higher than 99% of them (median £15,738). By total assets it ranks higher than 99% of them (median £111,625). By cash it ranks higher than 99% of them (median £59,558). It is older than 91% of them (median age 4.4 years).

Does it supply the public sector?

The company is named as a supplier in 82 public contract award notices from 63 public sector buyers since 2019. Contracts awarded to it alone have a combined published value of £317.4m. Its most frequent buyer is UK Health Security Agency (4 contracts). 4 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an exporter of goods, mainly miscellaneous metal articles, electrical equipment. In its latest payment practices report it took an average of 32 days to pay suppliers, and 0% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 18.1% lower than for men.

Who runs and controls the company?

One person with significant control is registered. 5 of 16 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 11 Feb 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover209,719,000379,179,000
Profit for the year-13,950,000-64,253,000
Cash at bank and in hand17,976,00016,512,000
Total assets306,866,000705,816,000
Total liabilities56,327,000112,004,000
Net assets / total equity250,539,000593,812,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

82 contracts

WAVENET LIMITED is named as a supplier in 82 public contract award notices from 63 public sector buyers since 2019. The 74 contracts awarded to it alone with a published value add up to £317.4m. 4 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers63
UK Health Security Agency
4 contracts · £2.7m
SUSSEX PARTNERSHIP NHS FOUNDATION TRUST
4 contracts · £1m
ATTAIN HEALTH MANAGEMENT SERVICES LTD
3 contracts · £11.6m
mhs homes group
3 contracts · £254.5k
Government Commercial Agency
3 contracts · £51k
Contracts
  1. SD Wan circuitsBassetlaw District Council · £82,720 · runs until Sep 2029
  2. Storm UC Content Guru‡SUSSEX PARTNERSHIP NHS FOUNDATION TRUST · £257,677 · runs until Sep 2029
  3. Wavent PSTN To DigitalLondon Borough of Havering · £46,241
  4. Digital Switchover Broadband lines 15 schemesmhs homes group · £40,608 · runs until Dec 2030
  5. Fixed Telephony LinesLondon Borough of Harrow · £32,000 · runs until Mar 2027
Show 77 more
  1. Wisdom, Kofax and Service Delivery - Support ContractInsolvency Service · £862,157 · runs until Aug 2028
  2. G Cloud 15‡Government Commercial Agency · shared by 2,744 suppliers, up to £56,000,000,000 in total · 4 lots · runs until Aug 2030
  3. Disaster RecoveryBraintree District Council · £29,376 · runs until Jul 2027
  4. DIA (Dedicated Internet Access) circuits‡SUSSEX PARTNERSHIP NHS FOUNDATION TRUST · £84,456 · runs until Jun 2029
  5. Electronic Document Record ManagementBournemouth, Christchurch and Poole Council · £40,339
  6. Wavenet Limited contract extension 110206819521HUMBER TEACHING NHS FOUNDATION TRUST · £46,520 · runs until Feb 2027
  7. EDRMS System for Herefordshire CouncilHerefordshire Council · £211,133 · runs until Jun 2028
  8. Data Centre Refresh‡SUSSEX PARTNERSHIP NHS FOUNDATION TRUST · £563,393 · runs until Sep 2028
  9. Provision of IT Healthchecks (ITHC) Service‡Government Commercial Agency · shared by 2 suppliers, up to £750,000 in total · runs until Jun 2028
  10. Veeam and Nebula Storage and Line RentalTorridge District Council · £29,000 · runs until Apr 2027
  11. Meraki and wi-fi licence renewal (2026-29)Met Office · £63,119 · runs until May 2029
  12. CPT_25_46 Network Management ServicesNational Audit Office · £1,200,000 · runs until Jun 2030
  13. Provision of PALS & Complaints Contact Centre ServiceATTAIN HEALTH MANAGEMENT SERVICES LTD · £11,406,624 · runs until Sep 2029
  14. V4SDDC027 Corporate Mobiles (SIM Cards)‡South Derbyshire District Council · £59,184 · runs until Mar 2028
  15. Mobile and LandlinesNewark And Sherwood District Council · £176,520 · runs until Mar 2029
  16. Network Management and Monitoring ServicesBUCKINGHAMSHIRE HEALTHCARE NHS TRUST · £602,059
  17. Mitel Software and Maintenance‡Cardiff and Vale University Health Board · £24,665
  18. 2047 CISCO Firewall for NHS Black Country ICB‡NHS Black Country Integrated Care Board · £77,349 · runs until Feb 2031
  19. Palo Alto Networks Support firewall transition‡UK Health Security Agency · £35,322
  20. Mobile SIM Contractmhs homes group · £135,897 · runs until Feb 2029
  21. Scalable Storage SolutionThe National Archives · £281,983 · runs until Jan 2028
  22. Provision of Corporate and IT Voice over Internet Protocol (VoIP) telephony across NHS Essex Integrated Care Board (Essex ICB) including Brentwood Community Ho…ATTAIN HEALTH MANAGEMENT SERVICES LTD · £158,580 · runs until Mar 2029
  23. Upgrade of Fusion Network SwitchesNational Audit Office · £50,389 · runs until Dec 2026
  24. Call-off Award via CCS RM6100 Framework - ESPO DR2896C BC RenewalEspo · £72,247 · runs until Dec 2028
  25. Technology Services 4Crown Commercial Service · shared by 263 suppliers, up to £16,000,000,000 in total · 9 lots · runs until Jun 2028
  26. Voice Recorder‡West Midlands Ambulance Service University NHS Foundation Trust
  27. Wavenet Telecomms Managed ServiceLONDON METROPOLITAN UNIVERSITY · £31,425 · runs until Nov 2026
  28. PTSN and Broadbandmhs homes group · £77,981
  29. Provision of IT Voice over Internet Protocol (VoIP) telephony across Mid and South Essex Integrated Care Board (MSE ICB) for corporate and Brentwood Community…ATTAIN HEALTH MANAGEMENT SERVICES LTD · £49,563
  30. WAN, LAN, WIFI and Telephony via CCS RM6116‡Construction Industry Training Board · £1,300,000
  31. Palo Alto 5 Year - Perimeter Firewall Replacement & Remote Access‡UK Health Security Agency · £2,321,455 · runs until Oct 2030
  32. Wavenet Cyber Security Assessment ServicesSOUTHERN HOUSING · £72,700 · runs until Aug 2027
  33. Provision of Manage Detect & Respond Service‡Government Commercial Agency · £51,000
  34. Supply and Support of Extreme Networks Equipment and ServicesWarrington Borough Council · £237,202
  35. 10GB Point 2 Point Data Circuits‡Companies House · £48,713
  36. Support and Service for currently installed Storage Array NetworkBorough Council of Kings Lynn and West Norfolk · £38,460
  37. Fully managed Security Operation Centre ServiceUniversity of Lincoln · £411,610 · runs until Jul 2028
  38. Palo Alto Firewall‡SUSSEX PARTNERSHIP NHS FOUNDATION TRUST · £112,562 · 3 lots · runs until May 2028
  39. Azure Project Microsoft Express Route‡Surrey and Borders Partnership NHS FT · £34,959 · runs until Jul 2028
  40. IT Security Services‡Development Bank of Wales · £1,500,000 · runs until Jul 2030
  41. Network Switches & Associated Services‡UK Health Security Agency · £22,015
  42. Migration of Records from Wisdom into our Social Care Case Management SystemsLeicestershire County Council · £131,600 · runs until May 2027
  43. Software assurance and break fix support‡The Mayor and Commonalty and Citizens of the City of London
  44. North Northamptonshire Council - Internal/Local Area IT Network Unification (LAN)North Northamptonshire Council · £202,250 · runs until Jun 2030
  45. PE0715 (PB0056) Wavenet –Managed Internet Service and Cabling‡Peabody · £102,753 · runs until May 2028
  46. FPS Portal Renewal‡Ministry of Defence · £132,829 · runs until Apr 2027
  47. Lenovo LaptopsTransport Focus · £58,200
  48. 10GB Data Line Installation, support, monitoring & maintenanceThe National Archives · £105,471 · runs until Mar 2028
  49. UHSussex Data Track Renewal‡University Hospitals Sussex NHS Foundation Trust · £87,300
  50. Service Desk Workforce Management ToolNHS SOUTH, CENTRAL AND WEST COMMISSIONING SUPPORT UNIT · £78,703
  51. Direct Internet Access (DIA)‡The National Lottery Community Fund · £211,748 · runs until Jan 2028
  52. Telephone Line Rental, Voice Calls and broadbandCHESHIRE EAST COUNCIL · £422,948 · runs until Nov 2029
  53. Telephony Contact Centre ServicesSecurity Industry Authority · £224,961 · runs until Jan 2028
  54. UEA Data LinksUNIVERSITY OF EAST ANGLIA · runs until Nov 2027
  55. NPS Telephony 2024‡Ministry of Justice · £424,951 · runs until Jul 2028
  56. Network Data LinksUNIVERSITY OF EAST ANGLIA
  57. Extreme Networks & Palo Alto Subscription 24/25‡UK Health Security Agency · £325,146
  58. Provision of WAN Circuits - Version 2UNIVERSITY OF SOUTHAMPTON · £720,950 · runs until Mar 2029
  59. Provision of Screen Cloud Licences - PS/24/25‡DVLA - Driver & Vehicle Licensing Agency · £9,984
  60. Security Operations Centre (SOC)HS2 · £2,500,000 · runs until Nov 2026
  61. Unified Telecommunications Cloud Solution Implementation and ongoing supportWYTHENSHAWE COMMUNITY HOUSING GROUP LIMITED · £313,252
  62. Internet connectivity and associated firewallsBraintree District Council · £144,294 · runs until May 2027
  63. Provision of Corporate VoIP Telephony Services in Mid and South Essex‡Attain · £391,348 · runs until Dec 2028
  64. Cyber Security Incident Response Retainer and Cyber Security Posture Assessment‡University Hospitals Birmingham NHS Foundation Trust · £35,000
  65. CWC22036 SIP Telephony‡Wolverhampton City Council · £172,820 · runs until Feb 2030
  66. enFrame CIC ICT Framework Phase 3 for procurement of Telephony and WAN for sponsors AET and TEFAT‡enFrame CIC (Contracting Authority) · shared by 23 suppliers, up to £1,824,462 in total · 4 lots · runs until Jan 2027
  67. Corporate IP Telephony for NHS Mid and South Essex Integrated Care Board‡Attain · £183,593
  68. Dealerboard and Voice RecorderUK DEBT MANAGEMENT OFFICE · £83,160
  69. Provision of CAZ / PCI Compliance‡Driver & Vehicle Licensing Agency · £93,800
  70. Contact Centre as a Service (CCaaS)‡Accent Housing Limited · £500,988
  71. NHS 111: NHS Managed Services Telephony Infrastructure (Lot B)‡NHS Commissioning Board · £268,067,800 · 4 lots
  72. HBC 0921 THE PROVISION OF A MITEL TELEPHONY UPGRADE, ENHANCEMENT AND SUPPORT OPTIONS - AWARD‡Hertsmere Borough Council · £92,788
  73. Provision of Mobile Phones for NHS AGEM CSU‡NHS Arden and Greater East Midlands Commissioning Support Unit · £59,895
  74. Provision of Strategic Telephony ServicesDriver & Vehicle Licensing Agency · £17,919,398
  75. EE Telecoms Contract via WavenetDefra Network eTendering Portal · £190,809
  76. Dealerboard and voice recorderUK DEBT MANAGEMENT OFFICE · £113,480
  77. BIG001-1098 SD-WAN solution for the National Lottery Community Fund OfficesBig Lottery Fund, operating as The National Lottery Community Fund · £343,260

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
32 days
Invoices not paid within agreed terms
0%
Standard payment terms
0–60 days
Member of a payment code
No
  • Within 30 days 73%
  • 31 to 60 days 25%
  • After 60 days 2%
Earlier periods (2)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
32
63%
22%
30 Sep 2025
35
60%
32%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 18.1% lower
Mean hourly pay
women 17.5% lower
Median bonus pay
women 56.3% lower
Employer size
500 to 999 employees
Lower pay quarter33.2% womenLower middle25.4% womenUpper middle17.1% womenUpper pay quarter19% women
Earlier years (3)
Year
Median hourly pay
Mean hourly pay
2024/25
women 14.5% lower
women 16% lower
2023/24
women 21.1% lower
women 26.7% lower
2022/23
women 21.4% lower
women 20.2% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an exporter of goods in 1 of the last 12 months on record, most recently June 2026. Main goods: miscellaneous metal articles and electrical equipment.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

10 events
  1. Financial year 2025/26 endedAccounts: turnover £379.2m, net assets £593.8m
  2. Financial year 2024/25 endedAccounts: turnover £209.7m, net assets £250.5m
  3. Thetis Bidco Limited registered as a person with significant control
  4. Thetis Topco Limited registered as a person with significant control
  5. Thetis Topco Limited ceased to be a person with significant control
  6. Wavenet (Holdings) Limited ceased to be a person with significant control
  7. Wavenet (Holdings) Limited registered as a person with significant control
  8. Name changed to WAVENET LIMITEDPreviously INTELNET LIMITED
Earlier events (2)
  1. Name changed to INTELNET LIMITEDPreviously DOT COMM CONSULTANCY LIMITED
  2. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.